TECH - What's Going On With Mobileye Global Stock Wednesday? | Benzinga
Mobileye Global Inc (NASDAQ:MBLY) stock is trading higher Wednesday amid reports of the company winning orders to ship 46 million of its EyeQ6 Lite assisted-driving chips.
The chips, which are in significant demand across global markets, will be incorporated into vehicles launching mid-year.
The company’s executive vice president of business strategy and development, Nimrod Nehushtan, highlighted that this figure represents current wins, anticipating further growth and deployment in the coming years, Reuters reports.
While Mobileye has kept its customer list confidential due to non-disclosure agreements, known clients include